Issue 128 July 2017

Expert Advice
Speak with any well-informed insolvency practitioner and, aside from the sweeping law reform being foisted upon the industry, a major...
Cyber Security
The Internet of Things (IoT) refers to the growing network of devices that are embedded with network connectivity, allowing them...
Cash Flow Solutions
When working capital dries up suppliers operating in the B2B space traditionally resort to debtor finance. It's a viable solution...
Joining the crowd – Crowd Sourced Equity comes to Australia
Business Law
Recent Federal Government measures have made it easier for start-ups and small businesses to raise capital through Crowd Sourced Equity Funding ("CSEF"). CSEF platforms such as Indigogo and Kickstarter, allow investors to make small financial 'investments' in emerging companies in exchange for equity in the business. Are you eligible for CSEF? From 27 September 2017, unlisted public companies with less...
End of Financial Year preparation: Magical touch on your books!
Bookkeeping
With end of financial year (EOFY) fast approaching, the Tailored Accounts team is counting down to the last day of the financial year! You may wonder why EOFY often becomes such a hectic time for bookkeepers and accountants. I hope this article can shed light on the inner processes of EOFY preparation. The following list articulates the main examples of...
The future of work is flexible
Features
Technological advances are transforming the way organisations do business and will ultimately re- shape and re-define jobs, skills and workforce strategy. At the World Economic Forum in Davos this year, a wide-ranging global insight report, 'The Future of Jobs; Employment, Skills and Workforce Strategy for the Fourth Industrial Revolution' was issued, outlining the way jobs will be impacted and the...
Signature Strata – putting integrity first
Features
Signature Strata is the brainchild of partners Nina Cannell, General Manager and Leisa Newman, Business Manager. The initial chat about Nina's future plans after her last tenure of 12+ years (18+ years in total) happened in the school yard. Leisa had hoped to coax her into a new role, essentially a side-step from strata management. "It actually all happened at...
Australian businesses must think innovatively to win the war for talent
Features
Recently we commenced advertising for several recruitment consultants with the aim of attracting high performers to our firm in Canberra. Included in our advertising is the offer to enjoy a six week paid holiday to new hires before starting in the job. The idea reeks of a gimmick, doesn't it? In today's job market, the list of catchy perks being...
Record keeping tips for the new fnancial year
Features
It's a chance for a fresh start again. We can embrace the opportunity to clear our desks, tidy out the filing cabinet, change our business structures and even get a new financial record keeping system in place. As part of this it may be the perfect time to also consider new systems or accounting packages and all their optional Add-Ons....
Meeting rules for strata community complexes
Features
One of the primary roles of a Strata Manager is facilitating the meetings of an Owners Corporation, a role that includes maintaining order, focus on the agenda,and ensuring that each articipant has an equal opportunity to have their voice heard. Successfully leading a meeting is a skill actively developed by a successful Strata Manager through experience and ongoing training. Formal...
Protecting the property pool – the family law toolkit
Features
The time it takes for a property settlement to be determined by the Court is significant. We often advise our clients that it can take 12, 18 and even up to 24 months to reach an outcome. Of course, life goes on after separation and finances are fluid. On one end of the spectrum, there is no halting everyday living...
Don’t just buy impressions – make an impression!
Expert Advice
Last week, a business owner who has been finding it hard to grow their business, told me that digital marketing does not work for them. When I hear people make such strong claims, I feel disappointed for two reasons - one, some digital agency did not do their job properly and two, this old established business is possibly giving business...
Follow the money
Property
It is my good fortune that one of my best friends also happens to be my accountant. Naturally this means that on any given day I hit my longsuffering friend up for some free advice about all things financial. There is however one noticeable caveat to this arrangement; during the months of July / Aug I can forget about speaking...
Digital disruption could be good for older workers
Recruitment
There is no 'business as usual' as far as digital disruption is concerned, but one unique way organisations can prepare for such uncertainty is to employ more older workers. While younger digital natives are often thought of as an organisation's best response to the rapid pace of change, a workforce with older experienced employees can be more prepared to face...
Legal issues to consider when starting a business
Expert Advice
Starting a new business is an exciting time. A difficulty may be getting all necessary legal advice, and mechanisms in place prior to starting. Although cash flow can be tight when starting out, this is an important time to receive professional advice, as it may limit the risk of unintended issues arising later. What are the legal issues / advice...
Delivering for a better Canberra
G2B: Chief Minister’s Message
This Government went to the last election with a positive plan for vibrant renewal all across our city and suburbs. And our 2017-18 ACT Budget starts delivering that plan. We've made huge strides in the past two decades, from the growth of Gungahlin and the maturing of Tuggeranong to the creation and renewal of NewActon, Kingston Foreshore and Braddon. Economically,...
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